Explore the latest developments concerning Powerball drawing: Jackpot.
Powerball drawing: Jackpot soars to $856 million, eighth largest in game history
The Powerball jackpot has continued its summer surge, reaching an estimated $856 million ahead of Saturday night's drawing.
The jackpot is now the eighth largest jackpots in game history.
It is the largest Powerball jackpot since a $1.817 billion prize won in Arkansas on Christmas Eve 2025, which remains the second-largest jackpot ever won in the game.
The Powerball jackpot was last won on May 2, 2026, by two tickets in Florida and Texas that split a $20 million jackpot.
The odds of winning a Powerball jackpot are a minuscule 1 in 292.2 million. Those odds will be the same for U.S. and U.K. players, lottery officials say.
Powerball reaches $748M. Financial advisors say winners should do this
Millions of dollars, $748 million to be exact, are on the line tonight.
As lottery players await the Monday, Aug. 3 drawing and the chance that their $2 ticket could be worth nearly three-quarters of a billion dollars, financial planning for a potential jackpot win should be on their mind, especially if they're feeling lucky.
With the prize pot nearing the top 10 largest jackpots in the game's history, having a game plan in place is not only smart, but it's also necessary. Claiming that much money, according to financial experts, will likely draw taxes, grifters, friends and family members.
Therefore, the first and most important piece of financial advice is: "Don’t shout your win from the rooftop," Rob Burnette, financial and investment advisor at Outlook Financial Center in Troy, Ohio, previously told USA TODAY.
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The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.
For more detailed information, explore updates concerning Powerball drawing: Jackpot.
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